The Aporia
Blosser, A. (2026, October 1). Estimated cost of Alto high-speed rail line balloons to $113B, says Parliamentary Budget Officer. Toronto Star. https://www.thestar.com/business/estimated-cost-of-alto-high-speed-rail-balloons-to-113b-says-parliamentary-budget-officer/article_923a5040-e0fd-4a47-87f9-e598509b8bfd.html
Blosser, Anastasia. “Estimated cost of Alto high-speed rail line balloons to $113B, says Parliamentary Budget Officer.” Toronto Star, 1 Oct. 2026, https://www.thestar.com/business/estimated-cost-of-alto-high-speed-rail-balloons-to-113b-says-parliamentary-budget-officer/article_923a5040-e0fd-4a47-87f9-e598509b8bfd.html.
Blosser, Anastasia. “Estimated cost of Alto high-speed rail line balloons to $113B, says Parliamentary Budget Officer.” Toronto Star, October 1, 2026. https://www.thestar.com/business/estimated-cost-of-alto-high-speed-rail-balloons-to-113b-says-parliamentary-budget-officer/article_923a5040-e0fd-4a47-87f9-e598509b8bfd.html.
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The Parliamentary Budget Office (PBO) released a report on Thursday indicating that the cost of building a high-speed rail line between Toronto and Quebec City, known as the Alto project, could range from $75 billion to $113 billion. This estimate exceeds the federal government's previous projection of up to $90 billion. The PBO noted that adding a stop in Kingston, Ont. would increase uncertainty due to easier construction but higher population density and ecological sensitivity. The project aims to connect Toronto and Montreal within approximately three hours, aiming to revitalize transportation infrastructure but raising concerns about the growing national debt under Prime Minister Mark Carney's administration.